Bitcoin CME FuturesUpdated

Bitcoin - CME gaps

Does all CME gaps get filled? I don't know, but almost all the gaps in 2020/2021/2022 got filled.

Now we have a few gaps left on the chart. Not hoping that this will happen because my target low is 13/14k, but there is always a possible swift move to 9k scenario.

Macro conditions can change quite suddenly.

Always stay safe.

Note
Just a wild idea based off !CT's buy model. Nothing is impossible in the markets.

snapshot
Trade active
Still convinced we are going lower than 15k. But for now, 20k first.

Wave 5vs4 is usually at 200% max. Good level to take a short without confirmation.

This entire idea will be invalid above 33k.

snapshot
Note
1st gap at 28k filled.

snapshot
Note
For the past 3 months since price entered this range (25k-31k), all CME gaps within this range have been filled except the one on 08 May @ 29k.

I mapped out two scenarios last week, and as of now, I think a run up to 29k is more probable and direct nuke.

snapshot
Note
CME gap at 29k filled.

Will wait for better setups before shorting.
snapshot

Disclaimer